Unexpected things happen here in the state of Manipur more than at any other states of the country. Impact of Demonetization kills many at many parts of the country but it makes many untouched and made many millionaires overnight. Narendra Modi announced demonetization all of a sudden to bring back the black money. His intention was to distribute the black money to the poor people of the country. What is heartbreaking is that the Prime Minister’s aspiration to make every citizen of the country rich never becomes reality.
But demonetization brought good fortune for some exceptional people in the state. Talks are going around in the town that due to the demonetization some small micro finance runners who took risk become millionaires overnight and it was due to the many privileged class people who have plenty of black money which make the micro finance bankers success.
Unlike in other state, the demonetization is perhaps a blessing for the state. It raised a group of capitalist class people who give employment opportunity to hundreds of jobless people. Even as it is against the socialist ideology, it did serve some people who are searching for job. The agenda of Right Wing ideologue is revealed even as it has been always working under the shadow of the Socialist ideology.
It is not a simple and baseless criticism when this newspaper says that a neo capitalist class has been born by demonetization, but it is an open secret which happened in front of our eyes. The only thing is that Indian legal system is very complicated that sometimes a wrong is right due to loopholes to prove that it was wrong. Perhaps it may be not due to loopholes in the Indian law but lack of sincerity and commitment to prove that it was wrong among the legal practitioners.
Well good thing are always good. Everybody needs to encourage those who are successful in becoming employers. But what about the many hundreds of people who had uncountable number of black money which makes things possible for some exceptional people.
So far , no investigation about how a person have so much money beyond his income before the demonetization and how come he or she deposited to the micro finance business runner instead of depositing it to the bank. Why any government agency is not looking into this matter?
When success needs to be appreciated and encouraged, the government machineries who are paid to check things which goes wrong by public money collected in the form of various taxes should also act to punish those who had black money beyond their income.
